MSC Industrial CEO reports equity vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSC Industrial (MSM) CEO Erik Gershwind reported routine equity vesting and tax withholding. On 11/05/2025, 4,782 shares vested from RSUs and 770.717 shares vested from dividend equivalent units, both recorded as code M at $0. To cover taxes, 2,834.717 shares were withheld and delivered to the issuer at $86.68 (code F). Following these transactions, he directly beneficially owned 1,569,907 Class A shares. He also reports indirect holdings through various trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,552.717 shares exercised/converted
Mixed
9 txns
Insider
GERSHWIND ERIK
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 4,782 | $0.00 | -- |
| Exercise | Dividend Equivalent Units | 770.717 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 4,782 | $0.00 | -- |
| Exercise | Class A Common Stock, $0.001 par value | 770.717 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, $0.001 par value | 2,834.717 | $86.68 | $246K |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
| holding | Class A Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 0 shares (Direct);
Dividend Equivalent Units — 2,005 shares (Direct);
Class A Common Stock, $0.001 par value — 1,571,971 shares (Direct);
Class A Common Stock, $0.001 par value — 44,513 shares (Indirect, See footnotes)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of Common Stock. The dividend equivalent units accrued with respect to outstanding awards of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock. Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee. Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers. Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary. Represents shares held by a Trust of which the Reporting Person is a trustee. 19,126 RSUs were granted on November 5, 2021. 4,781 RSUs vested on each of November 5, 2022 and November 5, 2023, and 4,782 RSUs vested on each of November 5, 2024 and November 5, 2025.
FAQ
What did MSM’s CEO report on Form 4?
Vesting of 4,782 RSU shares and 770.717 DEU shares on 11/05/2025, plus tax withholding of 2,834.717 shares at $86.68.
Were these open-market purchases or sales?
No. The entries show code M (conversion/vesting) at $0 and code F (withholding to cover taxes), not open-market trades.
What are dividend equivalent units (DEUs) in this filing?
DEUs accrued on RSUs and vest at the same time as the underlying RSUs; each represents a contingent right to one share of common stock.
What indirect holdings were reported by the CEO?
Indirect holdings include trusts reporting 44,513, 354,963, 61,027, and 102,435 shares, as described in the footnotes.
Are any derivative securities remaining after these transactions?
The table shows 0 remaining for the referenced RSU grant and 2,005 remaining DEUs.